The chart below shows NHL minimum and maximum player salaries by year since 2005. The team salary cap has increased 83% since 2005, providing for maximum player salary to rise by the same margin.Minimum wage, on the other hand, has increased only 28% during that span.he maximum player salary was capped at 20% of the team salary cap. Meanwhile, the minimum player salary jumped 257% from $180,000 to $450,000 with fixed bumps in future years.
What is a 'Primary Beneficiary'. A primary beneficiary is a beneficiary in a will, trust or insurance policy that is first in line to receive named benefits. Primary beneficiaries are contrasted with contingent beneficiaries, who will only receive benefits if the primary beneficiary has died. There can be more than one primary beneficiary. Next Up.
A contingent beneficiary is the person or thing that receives the benefits of your account if the primary beneficiary can not. Think of contingent beneficiaries as a back-up plan.When you invest in a beneficiary-named financial account, such as an Individual Retirement Account, 401(k) , insurance policy or trust, you name the person or people you want to receive the assets in the account should you pass away. These are primary beneficiaries.r you could name your spouse as primary beneficiary of 50% of the account, with the two kids each named 25% primary beneficiaries. You could name a nonprofit charitable organization as your primary or contingent beneficiary, although you will likely have to talk to an account representative about how to do that.